Solo Oil was an Australian petroleum distributor that operated from 1974 until 1989 when taken over by Ampol.
| Industry | Petroleum |
|---|---|
| Founded | 1974 |
| Founder | David Golberger David Wieland |
| Defunct | 1989 |
| Headquarters | , Australia |
Number of locations | 200+ (1989) |
History
editSolo Oil was founded in 1974 by David Goldberger and David Wieland.[1][2] Goldberg negotiated an agreement with Mobil Australia, for the supply of petroleum at a fixed rate, following the increase in world fuel prices, this discount increased from six cents to 12.5 cents per gallon.[3] In July 1975, it joined forces with the Australian Council of Trade Unions to sell discounted fuel to independent operators in Melbourne.[4][5][6] In April 1977 it commenced operations in Sydney.[7]
In 1989 the business was sold to Ampol by which time it was the largest independent fuel retailer and distributor with over 200 service stations.[8][9] Goldberger and Wieland were subject to a ten year non-compete clause however this was ruled void by the Trade Practices Commission after Ampol merged with Caltex, allowing them to establish Liberty Oil in 1995.[1]
References
edit- ^ a b "Oil twins head back into the big league". Australian Financial Review. 11 November 1996. Archived from the original on 2 October 2022.
- ^ "Petrol Discounters prepare for War". The Bulletin. 097 (4957). John Haynes and J.F. Archibald: 61. 17 May 1975. ISSN 0007-4039.
- ^ "ACTU-Solo case shows up oil super-profits". Tribune. No. 1922. New South Wales, Australia. 8 October 1975. p. 7. Retrieved 14 October 2022 – via National Library of Australia.
- ^ ACTU to sell petrol at 16c discount Canberra Times 23 July 1975 page 1
- ^ The good oil - at 16 cents off The Age 23 September 1975 page 3
- ^ "About Us". Liberty Oil Convenience. Archived from the original on 20 October 2021. Retrieved 14 October 2022.
- ^ Going it Solo Sydney Morning Herald 31 March 1977 page 6
- ^ "Our History". Ampol. Archived from the original on 3 March 2022.
- ^ "Liberty's Davids to do a deal with Goliath". Australian Financial Review. 20 July 2001. Archived from the original on 2 October 2022.